PROSPECTS AND OPPORTUNITIES
Growing demand for premium and craft beverages to drive future growth
Fine wines/champagne and spirits in the United Arab Emirates is poised to undergo significant transformation, driven by the ongoing premiumisation trend and the increasing consumer demand for artisanal and craft beverages over the forecast period. As affluent consumers continue to seek exclusive, high-quality products with rich heritage, brands emphasising authenticity and tradition are expected to strengthen their positions.
Luxury brands adopt sustainability and heritage storytelling initiatives
Leading companies in fine wines/champagne and spirits in the United Arab Emirates are expected to focus on heritage storytelling and sustainability initiatives over the forecast period, driven by the increasing demand for authenticity among luxury shoppers who value exclusivity and provenance. For instance, Bacardi continues to follow its sustainable luxury push, as part of its “Good Spirited” initiative with eco-friendly packaging to reduce the use of plastic or 100% recyclable packaging, alongside limited-edition rums at leading Dubai hotels and bars.
Growing demand for luxury alcohol set to drive off-trade sales growth
The United Arab Emirates is witnessing a significant shift towards home consumption of fine wines/champagne and spirits, driven by evolving consumer preferences and innovations in retail channels. As a result, off-trade sales are expected to gain traction, with consumers increasingly seeking premium and luxury alcohol for at-home occasions.
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Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fine Wines/Champagne and Spirits industry in United Arab Emirates, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Fine Wines/Champagne and Spirits in United Arab Emirates report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Fine Wines/Champagne and Spirits in United Arab Emirates?
- Which are the leading brands in Fine Wines/Champagne and Spirits in United Arab Emirates?
- How are products distributed in Fine Wines/Champagne and Spirits in United Arab Emirates?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in United Arab Emirates?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Fine Wines/Champagne and Spirits in the United Arab Emirates - Category analysis
KEY DATA FINDINGS
Growing demand for premium and experiential luxury drinks drives category growth
Regulatory environment remains a challenge
On-trade drives sales but off-trade is gradually expanding
Growing demand for premium and craft beverages to drive future growth
Luxury brands adopt sustainability and heritage storytelling initiatives
Growing demand for luxury alcohol set to drive off-trade sales growth
Luxury Goods in the United Arab Emirates - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Fine Wines/Champagne and Spirits
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- Fine Champagne
- Other Fine Wine
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- Luxury Brandy and Cognac
- Luxury Whiskies
- Other Luxury Spirits
Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
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